HealthLynked Balance Sheet Health
Financial Health criteria checks 1/6
HealthLynked has a total shareholder equity of $804.7K and total debt of $1.2M, which brings its debt-to-equity ratio to 149.8%. Its total assets and total liabilities are $4.3M and $3.5M respectively.
Key information
149.8%
Debt to equity ratio
US$1.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$247.22k |
| Equity | US$804.73k |
| Total liabilities | US$3.48m |
| Total assets | US$4.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLYK's short term assets ($656.2K) do not cover its short term liabilities ($2.4M).
Long Term Liabilities: HLYK's short term assets ($656.2K) do not cover its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: HLYK's net debt to equity ratio (119.1%) is considered high.
Reducing Debt: HLYK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: HLYK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HLYK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.6% each year